RE: Whiskey Gap drilling.It's been a long, long, long time coming.
I'm excited about NAG's prospects still, and hanging on for a buck or more (I hope). I tried to pick up some more shares at 14.5 cents, but the stock didn't get below 15. So, for now, I wait. My average cost is just over 15 cents (with a purchase as high as 30 or 31 cents), and I've backed up the truck on this play, so I'm anxious to see good news released.
I was, however, talking with a professional geologist who used to work for a big mining company, and he mentioned that when interpreting the resource data, you can't just look at the chart of inferred and indicated resources and the concentration of mineralization and calculate the size of the find because a lot depends on the geography. Some low grade deposits are more feasible than projects of higher grades because the physical location and make up of the land is more condusive to extracting the minerals. So there's a lot more to it than those little charts.
Since LL looks like low grade, lets hope things turn out to be ammenable to economic mining activities...same goes for Whiskey Gap and now Bonny Fault. And let's hear something SOON! This has been a brutal summer of waiting.